$EIGEN /USDT ALERT – Potential Breakout Looming! ‼️🚀
$EIGEN has been trading in a prolonged consolidation range, signaling indecision and a potential big move. The price is currently bouncing between strong support at $3.00 and resistance at $4.00, and it’s crucial to keep an eye on these levels for the next direction.
📊 Current Price: $3.782
💡 Key Levels:
Support: $3.00
Resistance: $4.00
🎯 Entry Strategy:
Long Trade: Enter above $4.00 for a breakout, targeting $4.50 and $5.00.
Short Trade: Enter below $3.00 for a potential drop, targeting $2.50 and $2.00.
🔐 Stop Loss:
For long trades, set a stop loss below $3.50.
For short trades, set a stop loss above $3.25.
⚡ Watch Out! The market is showing signs of tightening, and the consolidation suggests a potential breakout in either direction. Stay sharp and follow your strategy!
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